#TradingStrategyMistakes Traders often sabotage success through preventable errors. One major mistake is neglecting risk management—failing to set stop-loss orders or risking excessive capital on single trades. Emotional decision-making also derails strategies, like chasing losses or exiting positions prematurely due to fear. Overtrading, whether from boredom or overconfidence, generates unnecessary fees and losses. Many also underestimate backtesting, deploying strategies without rigorous historical validation. Finally, ignoring market context—such as shifting volatility or economic events—renders even robust strategies ineffective. Avoiding these pitfalls requires discipline, continuous learning, and adherence to predefined rules, ensuring decisions remain data-driven rather than impulsive. Success hinges on consistency, not sporadic brilliance.